Verizon Giving A Year Of Disney+ Away For Unlimited Wireless Customers

The Verizon deal gives Disney an advantage in the so-called streaming wars, in which companies like Netflix, Amazon, Comcast and AT&T compete for streaming video subscribers. With Verizon paired with Disney+, assuming Disney+ has great streaming shows and such, users will stay with Verizon for at least another year after getting Disney+ for "free" for 12 months.

But as long as somebody remains a subscriber to Disney Plus, any titles they've downloaded free on the Disney Plus app will remain to watch offline, no matter what happens to their availability to stream directly, Disney CEO Bob Iger said Tuesday, speaking at Vanity Fair's New Establishment Summit.

Netflix is trying to hold onto its vast customer base as cheaper alternatives from the likes of Apple, Disney and others go live next month. If you're on Verizon, though, you'll probably want to bookmark it ahead of November 12. New Verizon FIOS and 5G Home Internet customers will also qualify for a year of Disney+.

Disney anticipates it will have an estimated 60 to 90 million global subscribers to its streaming service by 2025, CNN reports.

With competition from Apple's Apple TV+, WarnerMedia's HBO Max, and NBCUniversal's Peacock looming on the horizon, Disney has announced a variety of deals over the last few months to entice consumers to adopt Disney+ early. It is also extending the offer to its Fios Home Internet and 5G Home Internet customers. In its first year alone, Disney+ will release more than 25 original series and 10 original films and documentaries, including "The Mandalorian", from executive producer and writer Jon Favreau, and "Lady and the Tramp", a timeless retelling of the 1955 animated classic. It will join Apple TV+ (launching November 1) and upcoming services from WarnerMedia and NBCUniversal in a wave of new alternatives to Netflix.

Stock in Netflix, which has slipped about 15% in 2019 to date, fell to about $270 a share.

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